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Sibanye-Stillwater moves closer to acquiring Lonmin

Sibanye-Stillwater (JSE:SGL) has moved another step closer to acquiring Lonmin after the UK Competition and Markets Authority unconditionally cleared the proposed acquisition.

Sibanye-Stillwater moves closer to acquiring Lonmin Sibanye-Stillwater moves closer to acquiring Lonmin Sibanye-Stillwater moves closer to acquiring Lonmin Sibanye-Stillwater moves closer to acquiring Lonmin Sibanye-Stillwater moves closer to acquiring Lonmin

Sibanye-Stillwater is one step closer to closing its acquisition of Lonmin

There are still a few other conditions outstanding, including approval from the South African competition authorities, the shareholders of both companies and the courts of England and Wales.

Both companies said they were continuing engagement with the South African competition authorities to acquire further clearance.

Sibanye-Stillwater CEO Neal Froneman said the company considered the transactions in the best interest of st...